Available

£192,000

Fernham Homes at Sutton Valence | North Street, ME17 3HS
Share 80% / Full price £240,000 / Min deposit £19,200

Apartment
1 bedroom
1 bathroom

Fernham Homes
01732 757 158
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Summary

Ground floor maisonette in the heart of Sutton Valence

Description

A Rare Opportunity in the Heart of Sutton Valence

We’re proud to offer a limited collection of just 11, one and two bedroom maisonettes, along with 1, two bedroom coach house, available to eligible buyers at 20% below market value through the Discount Market Sale* (DMS) scheme.

Each home features its own private entrance, allocated parking, an EV charger and the coach house benefits from an air source heat pump. Inside, you'll find the same Fernham attention to detail, including quality flooring, integrated appliances and modern fittings throughout.

This initiative is designed to support local people, key workers, and those with strong community ties who might otherwise be priced out of the open market. If you’re looking to get on the property ladder or re-enter it, DMS offers an achievable route to homeownership.

Ownership is 100% yours, but the home is sold at just 80% of its independently assessed value, typically requiring only a 5% deposit on the reduced price. Unlike shared ownership, there’s no rent to pay, and no compromise on quality.

Eligibility

You must meet all of the criteria below:

1.Age

You must be 18 years or older

2.Local Connection / Priority Groups You must meet at least one of the following:

Live, work, or have immediate family (parent, sibling, or child) living within 10 miles of the development.

(If a buyer cannot be found within this area, the distance may be gradually widened with council agreement – first to Maidstone Borough, then wider Kent areas.)

Be a key worker, as defined by the Council. For example, NHS and emergency services worker, education and childcare workers, local authority and frontline transport workers.

Be a serving member of the UK Armed Forces, or have been honorably discharged within the past 2 years.

Evidence will be required to support your connection.

3. Property Ownership

You must not own any other residential property (in the UK or abroad) at the time of completing your DMS purchase.

4. Household Income

Your gross annual household income must not exceed £80,000.

(This threshold may be reviewed annually by the Council and adjusted in line with inflation.)

5. Housing Need

You must be unable to purchase a suitable property on the open market within the local area, based on your income and savings.

6. Financial Position You must be able to demonstrate:

A mortgage offer (agreement in principle or full offer) from a recognised lender. No rent or mortgage arrears.

A satisfactory credit history.

Minimum £4,000 in savings to cover legal and associated purchase costs. Sufficient deposit funds (usually at least 5% of the discounted purchase price)

Description

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Key features

Material information

Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

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